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...companies manufacturing tuk tuks in Thailand, by far the biggest is Bangkok-based Watt Industrial. "We can make up to 50 new tuk tuks a month," says owner Anuwat Vo-onsri. "But it's usually fewer than that. No new operating licenses have been issued in Bangkok for more than a decade, so we don't get much domestic demand for new tuk tuks. Mostly it's spare parts and repairs." Even if local demand is falling, Thailand remains the world's foremost exporter of the three-wheelers, shipping up to 5,000 new and second-hand tuk tuks...
...Parked in front of the pawnshop one day last month was a new Volkswagen. The owner of a construction company had hocked it 10 minutes before in exchange for a quick $10,000 to meet expenses. He would be well advised to repay it fast because Jianjun charges interest rates of up to 5.7% a month. It's all legal and above board. Although regulators and law enforcement officials in the past have cracked down on underground lenders (loan sharks tend to use gangsters to collect unpaid debts), the government currently allows pawnshops to operate because without them, small-business...
...Moreover, it is often a pain to lend to small firms. Their owners show up in bank lobbies with account books that frequently combine grade-school math with Enron-style deceptions, making it nearly impossible to place a value on their operations. Liu Binbin has seen it all as a lending supervisor at the Chengdu City Commercial Bank (C.C.C.B.), one of a hundred or so such banks set up over the past several years across the mainland specifically to lend to small companies. One applicant, the owner of a factory that makes pickled vegetables, visited Binbin's office recently with...
With MTVU, the station hopes to target college students for programming. Viacom, MTV’s owner, recently bought the largest college television network, CTN, for $15 million. That station claims to already broadcast to at least 35 percent of the total student population...
Currently hovering around No. 6 in the nation, Hall made the U.S. team three consecutive years starting her junior year in high school. She entered college as the No. 1 junior and owner of eight consecutive USSRA Junior titles. Her proudest moment was at the World Championships when she was just 16. She came back from two games down to beat her German opponent in the fifth-place match...